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EURO REFERENCE RATE / CANADIAN DOLLAR

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EURCAD is in The Bullish TrendHello Traders In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET today EURCAD analysis 👆 🟢This Chart includes_ (EURCAD market update) 🟢What is The Next Opportunity on EURCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
EURCAD Sellers In Panic! BUY! My dear subscribers, EURCAD looks like it will make a good move, and here are the details: The market is trading on 1.6246 pivot level. Bias - Bullish My Stop Loss - 1.6231 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.6272 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURCAD This image displays an hourly candlestick chart for the Euro/Canadian Dollar (EUR/CAD) currency pair from the OANDA brokerage, covering the period from late August to early October 2025. Market Trend and Channel Analysis The chart clearly shows the EUR/CAD pair is in a strong uptrend, moving within a well-defined ascending parallel channel. Channel Boundaries: The pair has been consistently respecting the lower and upper boundaries (blue lines) of this channel, indicating a persistent bullish sentiment. Mid-Channel Line: A dashed line runs through the center of the channel. This line often acts as an intermediate support or resistance level, with the price action moving between it and the main boundaries. Key Price Levels and Indicators Current Action The price is currently near the upper boundary of the ascending channel. This often suggests the possibility of a temporary pullback or a decisive breakout attempt. The price is also sitting just below a key resistance level marked by the red horizontal line at approximately 1.63902. Support and Resistance Immediate Resistance: 1.63902 (red line). A breakout above this level would confirm stronger momentum. Immediate Support: The lower boundary of the red horizontal box, which aligns with the moving averages and the top of the price congestion area, around 1.63351 and 1.63692. Previous Support/Congestion: A wider, shaded pink horizontal box around 1.61900 likely represents a previous zone of support and consolidation before the current leg up. Moving Averages The chart includes two Moving Averages (MAs), one in black and one in red, which appear to be the 50-period and 200-period MAs, respectively (common configurations). The shorter-term (black) MA is consistently above the longer-term (red) MA, and both are sloping upward, which is a classic bullish signal (a "Golden Cross" on a larger timeframe or sustained positive MA alignment). Crucially, the price action is trading above both moving averages, which are acting as dynamic support, reinforcing the uptrend. Potential Trade Setup (Indicated Box) The green and red boxes on the right side of the chart suggest a potential trade idea: Entry/Breakout Zone: The price is hovering around the potential entry zone. A sustained move above the 1.63902 resistance and the channel's upper boundary would signal a breakout. Target (Take Profit): The shaded green box (Take Profit level) is set near 1.65149, implying the expectation of continued upward momentum following a breakout. Stop Loss: The shaded red box (Stop Loss level) is placed near 1.63323, just below the immediate support and moving averages, suggesting a strict exit if the upward momentum fails. Conclusion The EUR/CAD pair is in a strong upward channel. The immediate question for traders is whether the price will: Breakout above the channel and the 1.63902 resistance to test higher levels (the scenario outlined by the trade boxes). Pullback from the upper channel boundary towards the mid-channel line or the dynamic support provided by the moving averages. The current price action is tight against resistance, suggesting an imminent move.
Long
by aaqureshi01
EURCAD Wave Analysis – 5 November 2025 - EURCAD reversed from support area - Likely to rise to resistance level 1.6385 EURCAD currency pair recently reversed from the support area between the key support level 1.6160 ( which has been reversing the price from the middle of September), lower daily Bollinger Band and the support trendline of the daily up channel from May. The upward reversal from the support area stopped the impulse c-wave of the earlier ABC correction (ii) from the middle of October. Given the clear daily uptrend the oversold daily Stochastic indicator, EURCAD cryptocurrency can be expected to rise to the next resistance level 1.6385 (which stopped earlier waves iii and v).
Long
by FxPro
EURCAD POTENTIAL LONG OPPORTUNITY....REACTION TRADEHey hey TradingView family! Hope you guys are doing amazing! Joseph here AKA JosePips just wanted to make a quick post on a reversal long opportunity I see on the EURCAD currency pair! So let's dive straight into it OK so first things first. Higher timeframe. When looking at this currency pair on the weekly & above timeframes (which hold the most weight) we can see that price is obviously sitting @ multi month & year highs. So you may be wondering...why are you saying to buy it then? lol. Well the truth is that just because the monthly and weekly show something doesn't mean there isn't opportunity on other timeframes...and for this I see opportunity on the daily for a reaction from the buyers to the upside. Here's why... 1. Price is pulling back into area of demand (previous buyer zone) 2. Coming off of multiple weeks of pullback (good discount) 3. Lot's of technical confluence lining up in this area (demand & RSI) 4. Fib extension from previous daily impulse move (-61.8 level) as confluence So there are multiple reasons why this setup looks interesting and technically is showing us that there is like to be some sort of REACTION from this zone of demand! So hope you guys find some value from this and can help in your analysis and market trading. Please boost this and follow my page for more content! Cheers!
Long
by JosePips
EURCAD November 2025 fundamental analysisEuro (EUR): Neutral to Bullish as ECB Signals End of Cuts Monetary Policy Stance The European Central Bank kept its key interest rates unchanged at its September meeting, with the deposit rate remaining at 2.00%. This marks the second consecutive hold following the June cut, and ECB President Christine Lagarde made clear the central bank is "in a good place" and "comfortable" with current policy settings. Critically, the ECB provided no forward guidance on future moves, and market pricing assigns less than 50% probability to any further cuts through 2026.​ Economic Backdrop Eurozone inflation remains close to the ECB's 2% target, with headline inflation at 2.1% and core inflation at 2.3% as of August 2025. The ECB's updated projections show inflation averaging 2.1% in 2025, 1.7% in 2026, and 1.9% in 2027—slightly below the 2% medium-term target. Growth forecasts have been revised higher to 1.2% for 2025 (from 0.9% in June), though the 2026 projection was trimmed slightly to 1.0%.​ Lagarde characterized the inflation risks as "more balanced" compared to June, and notably stated that "the disinflationary phase is over". This hawkish tone suggests the ECB has completed its rate-cutting cycle and will maintain restrictive policy for an extended period.​ November Outlook: Neutral to Bullish The Euro is positioned to gain against currencies whose central banks continue easing, particularly the US Dollar, British Pound, and commodity currencies. The October 30 ECB decision confirmed the hold, reinforcing the euro's positive momentum. EUR/USD forecasts for year-end range from 1.15 to 1.20, with the consensus around 1.16-1.17. The euro's relative strength is underpinned by narrowing rate differentials with the Fed and stabilizing eurozone growth dynamics.​ Canadian Dollar (CAD): Bearish on Continued Easing Bank of Canada Policy The Bank of Canada delivered another 25 basis point rate cut at its October 29 meeting, bringing the policy rate to 2.25%. This continues an aggressive easing cycle that has seen rates reduced by 225 basis points since June 2024, from a peak of 4.50% to the current 2.75%. Markets are pricing in current easing for the October meeting despite recent data showing 60,000 employment gains and headline inflation rising to 2.4%.​ Economic Challenges The BoC's dovish stance is driven by persistent concerns about the Canadian economic outlook. The third-quarter Business Outlook Survey showed that uncertainty around trade policy continues to weigh heavily on investment and hiring plans. The "future sales" indicator dropped back into negative territory for the first time in 2025, and 63% of firms expect either unchanged or reduced workforce levels—levels historically associated with unemployment rates of 7.3% or higher.​ Canada's terms of trade have deteriorated significantly, with crude oil prices falling to multi-month lows. WTI crude is trading around $59-60 per barrel, down from earlier highs, removing a key pillar of support for the loonie. November Outlook: Bearish The Canadian Dollar faces a challenging November. USD/CAD has moved higher to the 1.40 handle, and while some analysts expect a return to 1.38 by year-end driven primarily by USD weakness, the path may be slow with potential spikes to 1.41. The loonie is expected to underperform against most G10 currencies, given the BoC's continued easing path and Canada's vulnerability to weak energy prices. Verdict The EUR sits very comfortably at a strong position while the CAD is struggling with economic headwinds and policy easing alike. EUR/CAD is therefore a BUY in November.
Long
by Oneirotrade
EUR/CAD SENDS CLEAR BULLISH SIGNALS|LONG Hello, Friends! We are now examining the EUR/CAD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.637 level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Long
by EliteTradingSignals
1
EUR/CAD Retest Complete - Time to Go Long?🎯 EUR/CAD: The "Great Maple Heist" Setup | Swing/Day Trade 🍁💶 📊 Asset Overview EUR/CAD (Euro vs. Canadian Dollar) - Forex Market 🔍 The Setup: Bullish Retest Play The EUR/CAD is showing classic bullish confirmation with a pullback retest at the 38.2% Fibonacci retracement level, aligning beautifully with our weighted moving average. This is where the smart money layers in! 🧠💰 🎯 Entry Strategy: The "Thief Method" Primary Approach: Layered limit orders (The legendary Thief OG style!) Thief Layer Entry Levels: Layer 1: 1.63000 Layer 2: 1.63250 Layer 3: 1.63500 Layer 4: 1.63550 Feel free to add more layers based on your risk appetite and position sizing! Alternative: Market execution at current levels if you prefer immediate entry. 🛡️ Risk Management Stop Loss: 1.62800 (Thief OG reference level) ⚠️ Note: Ladies & Gentlemen (Thief OG's), this is MY stop loss based on MY analysis. YOU set YOUR own stop loss based on YOUR risk tolerance. Trade at your own risk and protect your capital like it's the Crown Jewels! 👑 🎯 Profit Target Target: 1.65300 This level represents a confluence of: 🧱 Strong resistance zone ("Electric Shock Wall") 📈 Overbought territory 🪤 Potential trap zone for late longs ⚠️ Note: Ladies & Gentlemen (Thief OG's), this is MY take profit level. YOU decide when to bank YOUR profits. The market gives, and the market takes—don't be greedy, take money when you can! 💸 🔗 Related Pairs to Watch Keep an eye on these correlated pairs for confirmation: 🇺🇸 USD/CAD - Watch the Loonie's overall strength Direct inverse correlation to EUR/CAD Oil prices heavily influence CAD strength 💵 EUR/USD - Euro strength gauge Shows Euro's overall market sentiment Risk-on/risk-off indicator 🛢️ Crude Oil (WTI/Brent) - The CAD's best friend CAD is a commodity currency Higher oil = Stronger CAD = Pressure on EUR/CAD Lower oil = Weaker CAD = Support for EUR/CAD Key Correlation Point: If oil drops while EUR shows strength, this setup becomes even more favorable! 🎰 📝 Technical Summary ✅ Bullish structure intact ✅ 38.2% Fib retest complete ✅ Weighted MA providing support ✅ Multiple confluence factors ✅ Risk/Reward ratio: Favorable (~2.5:1) ⚠️ Disclaimer This is the "Thief Style" trading strategy — a layered approach to swing/day trading created purely for educational and entertainment purposes. This is NOT financial advice. Trading forex carries substantial risk of loss and is not suitable for all investors. Always do your own research, manage your risk, and never trade with money you can't afford to lose. Past performance does not guarantee future results. Trade safe, trade smart, and may the pips be ever in your favor! 🎲💎 ✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community! #EURCAD #ForexTrading #SwingTrading #DayTrading #FibonacciRetracement #TechnicalAnalysis #ForexSignals #PriceAction #TradingStrategy #ThiefMethod #ForexSetup #CurrencyTrading #RiskManagement #ForexCommunity #TradingIdeas #CAD #EUR #ForexAnalysis #SupportAndResistance #MovingAverage
Long
by The-Thief
EURCAD Sellers In Panic! BUY! My dear followers, I analysed this chart on EURCAD and concluded the following: The market is trading on 1.6164 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.6180 Safe Stop Loss - 1.6154 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURCAD | Liquidity Draw Toward HTF Order BlockPrice remains inside a higher-time-frame bullish structure and is now retracing into the 1.60–1.61 breaker block / BC correction zone — a logical refuel area before continuation. Above, there’s an unmitigated HTF order block at 1.68–1.70 , likely the next draw on liquidity. That zone should be mitigated before any true macro bearish shift. Plan Bias: short-term bullish continuation into 1.68–1.70 Entry: confirmation from the breaker around 1.60–1.61 Stop: below 1.576 (macro invalidation) Target: 1.68–1.70 (HTF mitigation zone) – After mitigation, watching for bearish structure to form The correction still has business above — the HTF OB remains unmitigated. Let’s see if EURCAD completes the move.
Long
by SmellyTaz
EURCAD Will Explode! BUY! My dear subscribers, This is my opinion on the EURCAD next move: The instrument tests an important psychological level 1.6228 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.6286 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURCAD BUY SET UP EURCAD is back at a key 4H demand zone near 1.6200, a level that’s been defended several times by buyers. The question now: is this another liquidity grab before a bounce… or the start of a deeper breakdown? ⸻ 📉 Technical Overview • Price has tapped into the same support block that previously triggered a strong push to 1.6460. • Multiple equal lows (liquidity) formed below 1.6200 — this could be a sweep setup before another move up. • A 4H close above 1.6230 would confirm short-term bullish structure and signal potential continuation toward 1.6400 – 1.6460. • Invalidation: If price closes below 1.6160, expect sellers to target 1.6100 next. 📊 Setup Summary: • Bias: Bullish from support • Zone: 1.6180 – 1.6210 • Target 1: 1.6400 • Target 2: 1.6460 • Stop Loss: Below 1.6150 #EURCAD #Forex #PriceAction #SmartMoneyConcepts #Liquidity #SupportZone #SwingTrading #4HAnalysis #TradingViewIdeas
Long
by Slade_empire
EURCAD Faces Pressure Ahead of BoC Rate Decision — Potential forEURCAD Faces Pressure Ahead of BoC Rate Decision — Potential for a False Breakout Yesterday, most EUR pairs experienced a sharp sell-off with no clear fundamental catalyst. EURCAD fell nearly 130 pips ahead of today’s Bank of Canada (BoC) interest rate decision. The BoC is expected to cut rates by 25 basis points, from 2.50% to 2.25%, which could inject volatility into the pair. The key focus will be on the press conference and the tone of Governor Macklem’s comments, as they will likely shape market expectations for future policy. Technically, EURCAD broke below 1.6212, confirming a bearish movement. However, it may be too early to confirm a sustained downtrend, as the current move could still develop into a false breakout, potentially leading to a rebound in the coming sessions. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by KlejdiCuni
9
EUR/CAD slips below trend support as BoC decision and oil resiliEUR/CAD weakens toward 1.6200 after failing to sustain gains above 1.6325, as the euro struggles for momentum ahead of the ECB meeting while markets brace for the Bank of Canada’s policy announcement. The technical setup has turned bearish following a clean break below the multi-week ascending trendline, with momentum and volume confirming downside continuation. Immediate targets lie at 1.6180 and 1.6150, with a potential extension toward 1.6100 if the BoC maintains a hawkish tone. Fundamentally, the BoC decision later today is the key catalyst. A cautious-hawkish hold combined with resilient oil prices could strengthen the CAD further, whereas a dovish surprise signaling earlier rate cuts would trigger a short squeeze back toward 1.6325–1.6380. The euro remains under pressure from soft consumer sentiment and a lack of fresh catalysts, leaving EUR/CAD directionally biased to the downside in the near term, barring an unexpected shift in BoC guidance or a hawkish ECB signal later in the week. Read the full article here: erranteacademy.com
Short
by Errante